Brief: Fromageries FY Net Profit, Group Share, Down At EUR 96 Mln

Unibel SA

14/03/2019 17:22

March 14 (Reuters) - Fromageries Bel Sa  FROB.PA :
    * REG-FROMAGERIES BEL: 2018 RESULTS
    * FY CONSOLIDATED SALES INCREASE + 1.5 % ORGANICALLY
    * FY OPERATING PROFIT EUR 160 MILLION VERSUS EUR 215 MILLION YEAR AGO
    * BALANCE SHEET REMAINS STRONG
    * IN 2019, BEL WILL CONTINUE ITS TRANSFORMATION WORK, WITH GOAL OF CUTTING
COSTS
BY EUR 120 MILLION BY 2020
    * ON MARCH 13, 2019, BOARD OF DIRECTORS VOTED TO PROPOSE A DIVIDEND OF EUR
4.95
PER SHARE
    * IN 2018, CONSOLIDATED NET PROFIT, GROUP SHARE, TOTALED €96 MILLION, VERSUS
€180
MILLION IN 2017

Source text for Eikon:  ID:nGNE7Gyg8m 
Further company coverage:  FROB.PA 

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